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Economics, Entropy and the Environment

The Extraordinary Economics of Nicholas Georgesçu-Roegen T. Randolph Beard, Associate Professor of Economics, Auburn University, US and Gabriel A. Lozada, Associate Professor of Economics, The University of Utah, US
This extraordinary book provides a critical review of the work of Nicholas Georgesçu-Roegen in conventional economics, environmental economics and methodology. Particular attention is paid to the role of thermodynamics in Georgesçu-Roegen’s economics.
Extent: 168 pp
Hardback Price: $127.00 Web: $114.30
Publication Date: 2000
ISBN: 978 1 84064 122 6
Availability: In Stock
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  • Economics and Finance
  • Radical and Feminist Economics
  • Environment
  • Ecological Economics
This extraordinary book provides a critical review of the work of Nicholas Georgesçu-Roegen in conventional economics, environmental economics and methodology. Particular attention is paid to the role of thermodynamics in Georgesçu-Roegen’s economics.
‘Georgesçu-Roegen was a truly great economist . . . This welcome exposition of his major ideas by Beard and Lozada should help economists understand Georgesçu, both the revolutionary boldness and originality of many of his ideas and the careful logic with which he developed them. I believe Beard and Lozada have done an excellent job, both of selection and of exposition . . . My hope is that this book will do for Georgesçu’s ideas what Alvin Hansen did for the ideas of John Maynard Keynes with his A Guide to Keynes published back in 1953. In my view Georgesçu’s intellectual contribution will be even greater than that of Keynes.’
– From the foreword by Herman E. Daly, University of Maryland, US
Contents: Foreword by Herman E. Daly 1. Introduction 2. Nicholas Georgesçu-Roegen: A Scholarly Refugee 3. Georgesçu-Roegen’s Epistemology and Economic Methodology 4. Georgesçu-Roegen and “Normal Science” 5. An Economist’s Primer on Thermodynamics 6. Thermodynamics and Georgesçu-Roegen’s Economics 7. Bioeconomics 8. Conclusion Bibliography References Index